Worldwide Studios Chairman Shawn Layden has confirmed Sony will not be holding a PlayStation Experience event in 2018.

Layden made the announcement on the PlayStation Blogcast, saying "For 2018, I know this is going to be a disappointment to some people, but we decided to not hold PlayStation Experience this year."

For our thoughts on there being no PSX this year, watch the video below.

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"We won't have it in the States this year," he continued. "The reasons behind that really are we don't have...we have a lot of progress that we're making on our games...Now that we have Spider-Man out the door, we're looking down into 2019 games like Dreams and Days Gone.

"But we wouldn't have enough to bring people all together in some location North America to have that event. We don't want to set expectations really high and then not deliver on that. It was a hard decision, but we have determined that this year we will not hold PlayStation Experience.

Layden attributed PlayStation's increased use of the PlayStation Blog and social media to convey announcements.

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Part of our commitment is that going forward we're going to amp that up, we're going to crank [those] communications [up]...and find more ways to get our message out and get a view into what our activities are and what our hopes and dreams are, if you will, for PlayStation and for Worldwide Studios," he explained.